Indirect Political Force Majeure Events. An Indirect Political Event shall mean one or more of the following acts or events: an act of war (whether declared or undeclared), invasion, armed conflict or act of foreign enemy, blockade, embargo, riot, insurrection, terrorist or military action, civil commotion or politically motivated sabotage which prevents collection of fees for an continuous period exceeding 7 (seven) days in an Accounting Year; industry wide or State wide or India wide strikes or industrial action for a period exceeding a continuous period of 30 (thirty) days in an Accounting Year; or any civil commotion, boycott or political agitation which prevents realization of revenue by the Licensee for a continuous period exceeding 7 (seven) days in an Accounting Year; any failure or delay of a Contractor to the extent caused by any Indirect Political Event and which does not result in any offsetting compensation being payable to the Licensee by or on behalf of such Contractor; or any event or circumstance of a nature analogous to any of the foregoing.
Appears in 4 contracts
Samples: License Agreement, License Agreement, License Agreement
